The Motley Fool - It looks as though Linens 'n Things (NYSE: LIN - News) managed to squeak through the quarter and meet its merger obligations. In a press release issued Wednesday morning, the home-furnishings retailer said sales will be off than less than 6% as required and that it likely has reached the $140 million EBITDA (earnings before interest, taxes, depreciation, and amortization) threshold necessary to allow the merger with private-equity group Apollo Management to go through.
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Linens Has the Things for a Buyout (The Motley Fool)